|
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7,773 GBX | -0.83% |
|
-0.67% | +9.34% |
| Apr. 18 | Intercontinental Hotels Introduces Apple's AirPlay in North American Hotels | MT |
| Apr. 18 | IHG Hotels & Resorts Launches Apple Airplay in North American Hotels | CI |
Holiday Inn owner InterContinental Hotels has cut 10% of its corporate workforce, Chief Executive Keith Barr said on a call with analysts on Tuesday after posting lower first-half results.
The job cuts, announced internally in July, follows similar moves by major hotel operators including Europe's biggest hotel group Accor, Premier-inn owner Whitbread and Hyatt Hotels.
The move also comes after the company, which employs over 400,000 people globally, reported revenue that more than halved and profit that tumbled 82% in the first-half of 2020.
(Reporting by Yadarisa Shabong in Bengaluru)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 3,056 GBX | -0.94% | -3.98% | 7.05B | ||
| 147.8 USD | -0.70% | -5.85% | 14.95B | ||
| 39.39 EUR | -1.23% | -1.94% | 10.52B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +9.34% | 15.88B | |
| +4.78% | 68.12B | |
| +9.19% | 49.97B | |
| +13.33% | 14.95B | |
| +36.30% | 10.09B | |
| +8.47% | 4.93B | |
| +7.29% | 4.52B | |
| +24.72% | 3.86B | |
| +79.04% | 3.41B | |
| +16.55% | 3.48B |
INTERCONTINENTAL HOTELS GROUP PLC 
